for lowest mortgage rates the US economy is showing Dawn of Hope

For lowest mortgage rates -after a meeting with the economic team Obama said that the U.S. economy is beginning to turn around,which will return to a normal track with confidence. 

Obama aslo said that since the current interest rates is low in historical,the people want mortgage refinancing for real estate began to increase,In the past month,the banks provided to small business loans increased by 20% the amount with government support.for the 787 billion U.S. dollars program.which are beginning to flow to the all the U.S. including the scope of construction projects,all these show the U.S. economy is showing “Dawn of Hope.”

But Obama also stressed that the U.S. economy is still at the crisis.unemployment rate climbed to 8.5 percent on March.with the record of 25-year high.for the Government there are many things to do.but all these in the end have to be transformed into economic growth,employment rate increase and to raise the personal income.In addition, in the coming weeks, the government will introduce more plans to stimulate the economy, but did not disclose the specific details that may be involved.

However, in talking about the next step for the U.S. government to deal with the real estate market.Obama said that the Government is studying the issue of interest rates.and will publish new plan to solve the real estate market crisis.

Chairman of the U.S. National Economic Council, White House chief economic advisor,Summers said,they have many reasons to believe that the U.S. economy will be the end of “free fall”-style slide in the next few months. Many economists also believe that the United States economic are turning optimistic.and forecast the U.S. economy is expected out of decline in September this year. (lowest mortgage rates )